After two years of depressing price action, it appears that the cryptocurrency market may finally be transitioning into a new bull run. This is likely happening for two reasons.
1. Bitcoin taking its place as digital gold – As central banks print trillions and governments around the world increase their debt, BTC is promising to protect against indiscriminate monetary mayhem.
2. Ethereum transitions to staking – Ethereum is already the second most popular cryptocurrency by market cap. Once Ethereum transitions to a Proof of Stake consensus mechanism, ETH will be even more valuable than it already is.
In this article, we’ll discuss three strategies for profiting from this impending digital asset bull market including investing, mining, and staking.